We have had below 2% growth for seven years and the last quarter of 2015 registered .7% basically Zero growth. That is with interest rates at unprecedented low levels for close on a decade. We are already bracing for ‘Recovery Summer VI’ a sequel that is almost certainly as unremarkable as the previous iterations.
There is no recovery, we are in a sustained depression marked by fits and starts and massive government tinkering.
The last recession ended? When?
“There is no recovery, we are in a sustained depression marked by fits and starts and massive government tinkering.”
Glad to see someone else who doesn’t scoff at the “D” word.
I was beginning to feel like the last survivor of Fort Nowhere.